Albert Costill August 14, 2021 Conventional wisdom says that the sooner you start saving and planning for retirement, the better. And that totally makes sense. Thanks to compound interest, the earlier you start stashing away money, the easier it will be to build a stronger and more studier nest egg for retirement. And, if you … Continue reading Should You Buy An Annuity in Your 20’s?
John Rampton August 11, 2021 Because annuities offer advantages like regular lifetime payments, premium protection, tax-deferred growth, unlimited contributions, and various investment options, they should be a part of your retirement plan. This is especially true if you want to supplement other retirement income streams, like Social Security. Or if you’re losing sleep over whether … Continue reading How to Find the Present Value of an Annuity
Daniel Cotter July 30, 2021 In the first installment in this occasional series of blogs, we wrote about annuities and provided a 101 guide and introduction. In that blog, we covered what an annuity is, the contents of the basic annuity, and also discussed the basic types of annuities. In this blog, we take a … Continue reading Annuities 102: Fixed Annuity
Deanna Ritchie July 26, 2021 Warren Buffet once said, “If you don’t find a way to make money while you sleep, you will work until you die.” And, the Oracle of Omaha isn’t exactly wrong. The Bureau of Labor Statistics reported in 2019 that 8.3 million Americans worked multiple jobs. And, 49.4 percent of married-couple … Continue reading Is an Annuity a Passive Income?
Albert Costill July 19, 2021 I am by no means a financial wizard. So, I was taken aback several years ago when a friend asked for some serious financial advice. He had recently received an inheritance and was looking for suggestions on what he should do with the money. I immediately rattled off the obvious. … Continue reading What Is the Best Thing to Do With an Inherited Annuity?
John Rampton July 16, 2021 Just this morning I booked my room for an upcoming wedding. What I’ve preferred when making a room reservation is that you aren’t charged until you check out. In other words, you need a card number to book the room but aren’t charged until a later date. Why do I … Continue reading What Is a Tax-Deferred Annuity?
John Rampton July 9, 2021 Have you been thinking about your retirement lately? If you haven’t, it’s about time you do. After all, you want to enjoy your golden years and not stress about money. But, you also don’t want to be a burden to your family. And, you want to make sure that you … Continue reading What Can Be Classified As An Annuity and Not a Perpetuity?
Albert Costill July 8, 2021 The other day I stopped by a deli to grab a sandwich for lunch. Since it was cash-only, the process was simple for all parties involved. I order my sandwich, hand them a $ 10 bill, get my change, and walk out with my lunch. And, the deli will … Continue reading What Is a Non Qualified Annuity?
Albert Costill July 5, 2021 Last week I turned on the air conditioner for the first time this year. Much to my chagrin, it wasn’t working properly. So, I had to have someone come out and fix it — unless I wanted to sweat my keister off all summer. But, what if I didn’t have … Continue reading What Is an Immediate Annuity?
John Rampton July 2, 2021 Over the weekend I jumped in the car and went for a leisurely drive. During my ride, Tom Petty’s “The Waiting” came on. While belting out “Yeah, the waiting is the hardest part,” I became curious. Why do we struggle so much with waiting? “In the United States, we absolutely … Continue reading What Is a Deferred Annuity?